Business

Kumasi Technical University designs solar system
Business

Kumasi Technical University designs solar system

The Kumasi Technical University (KTU), formerly Kumasi Polytechnic, has designed a solar system to help small enterprises cut down on energy consumption. The Photo Voltaic Stand Alone System was designed by the Centre for Research and Development for Technology Incubation in partnership with the Department of Electrical and Electronics Engineering, […]

Ghana is the world's second largest cocoa bean cultivator
Business

Ghana-to-Chicago cocoa pipeline feeds American sweet tooths

Stroll along the Chicago River’s west bank on Chicago’s tony Near North Side and a sweet breeze will surely catch your attention. The smell is of chocolate. Amidst skyscrapers and $1 million condominiums, family-owned Blommer Chocolate Company, the largest cocoa processor in North America, is baking lots of it in […]

Election, seasonal demand mount pressure on cedi
Business

Election, seasonal demand mount pressure on cedi

The cedi could be in for its toughest test this time in the year, as seasonal demand for the US dollar by importers, and the uncertainties surrounding the impending elections have begun to unsettle it somewhat. At a year-to-date depreciation of 4.6 percent, the careworn currency has demonstrated rare resilience, […]

Children 5 -17 years exposed to dangerous chemicals
Business

Over 74,200 children identified in mining

Over 74,200 children have been identified to be working under hazardous conditions in small-scale mining and at quarry sites, the 2014 Child Labour Report of the Ghana Living Standards Survey (GLSS6, 2014), has revealed. According to the report, the children,who are between five and 17 years, are exposed to mercury […]

Nigerian inflation quickens to 11-year high in October
Business

Nigerian inflation quickens to 11-year high in October

Nigerian inflation accelerated for the 12th consecutive month in October as exchange-rate pressures persisted on the prices of goods and services, complicating the central bank’s task of supporting an economy forecast to contract this year. The inflation rate in Africa’s most populous country rose to 18.3 percent, the highest in […]

Think outside the box, don’t wait for job opportunities – Kufour to youth
Business Lifestyle

Think outside the box, don’t wait for job opportunities – Kufour to youth

Former President John Agyekum Kufuor has charged university graduates yet to find employment to think outside the box rather than waiting on the state to give them jobs. He says the incessant search for jobs by graduates makes what he describes as “office employment” scanty. Mr Kufour advised the graduates […]

Ghana ranked higher in latest World Bank Doing Business Report
Business

Ghana ranked higher in latest World Bank Doing Business Report

Ghana has made some marginal progress in improving the environment for doing business, the latest World Bank Ease of Doing Business reports. The Rankings saw Ghana go up by three places to 108 out of 190 countries ranked. It assessed the countries based on 11 indicators such as starting a business, access to […]

US economic growth rate fastest for two years
Business USA

US economic growth rate fastest for two years

The US economy grew at the fastest pace in two years in the third quarter, initial figures have indicated. The world’s largest economy grew at an annual rate of 2.9% in the three months to September, the Commerce Department said. Analysts had predicted growth of just 2.5%. The stronger-than-forecast rate […]